Contents

History

The first Arabs in Chile first registered in a census carried out dates back to 1895, however, in 1854 and 1885 are some subjects of the Ottoman Empire, which could well be in Lebanon, Palestine or Syria, which were part of the Empire at the time.

The majority of Palestinians arrived in the early 20th century, fleeing the Ottoman Empire due primarily to professing the Christian religion, oppressive rule and then the economic situation and the outbreak of the First World War. Note that the Ottoman Turkish oppression (Sunnis) was reflected not only in the Christian minority in Syria, Palestine and Lebanon, but against Shiite Muslims who arrived in the entire Atlantic coast to be the majority in the region, and some spent via Argentina to Chile in the early 20th century located across the country bringing to their culture and work to the development of Chile.

On arrival, the Arabs were devoted to work primarily in the commercial sector. The Palestinian community, despite their cultural differences with Chilean society, managed to permeate an important part of the country's middle class, although some of its members have some of the greatest wealth of the country. Although the District Board, in Santiago and the city of La Calera were the main locations where they lived and traded for many years, in recent times they have moved over the city of Santiago de Chile, Las Condes, Providence, Ñuñoa and Recoleta.

The large influx Arab party began in 1860 and extends until 1900. It is estimated that the Arabs who came to America reached at one million people. Until 1918 the Palestinians migrated with Turkish passports. The output ports were Beirut, Haifa and Alexandria, and the journey was made via Genoa and Marseille.

The large concentrations of immigrants were Syrians, Palestinians, Lebanese and their descendants in Brazil, Argentina and Chile. It is estimated that there are 25 million people of Arab descent in Latin America.

By 1940, the Arab Guide de Chile estimated at 13,466 the number of Arabs in Chile.

61% of the Arabs in Chile are people who arrived (or whose descendants arrived) between 1900 and 1930. Over 60% of Arabs who came were between 10 and 30 years old.

In 1912, the Muerched, the first Chilean newspaper written in Arabic, began publication. It is estimated that there were at least 12 similar publications during the 40 years of immigration.

In addition to the strong influence and varied diversity in areas of national affairs, a fact which demonstrates the presence of the Arab population in Chile, is the call for at least 7 players who were Chilean-born Palestinians (as Roberto Bishara) in the Palestinian football team during the Asian qualifiers for the FIFA World Cup 2006.

Economic influence in Chile

It is the case of the Banna family: Carlos, Jorge and Amador. His father, Juan, emigrated in 1894 from Bethlehem and was a good move. He died in 1954, when Cotton Manufacturers lived its golden age: the company, founded in 1936 with his brothers Nicolás and Saba, it produced 60% of cotton yarn and fabrics in Chile. Its partners were the Said-Isa and his six children, among them Salvador, the father of José, now a member of the Parque Arauco shopping mall-amusement park and BHIF.

Today is the fourth financial institution, with 11% of loans and returns on equity of 24%, and among the 20 largest banks in the region. In 2003 the Bank acquired Conosur at about U.S. 0 million.

José Said Saffie (age 72) multiplied the family fortune and is among the most affluent persons in Chile and Latin America, as owner of 21% of Parque Arauco, 16% BHIF Bank-BBVA, which concentrates 7% of loans, 25% of Andina Bottling, 30% of Factorline, factoring the fourth largest in the country, 48% of Edelpa, the largest flexible packaging and 50% of Clínica Reñaca.

In the area of the mall has invested in Argentina, where Parque Arauco owns 27% of Alto Palermo, a company that manages eight shopping centers, including Patio Bullrich and unique Market Hall.

Apart from the groups spearheading the cousins José Said Saffie, Jaime Said Demaria and his uncle, Domingo Said Kattan, there is another branch that descends from the businessman born in Bethlehem Issa Said Sahuire: that of Antonio Said Kattan, brother of Domingo. This is the only one still remains in the textile sector. At 92 years, heads Fibratex Textiles Manufacturing. It also has real estate investment and action by the Electronic Stock Exchange.

A group met in 1986 under the name of the Ten Mosques, whose history dates back to 1986. Then Carlos Abumohor called Espir Aguad, Alejandro Kauak, Munir Khamis, Selum Jorge Fernando Abuhadba and pairs of Odde Rishmague with Salomón and Domingo Díaz and Álvaro Saieh with Juan Rafael Gutiérrez (the only non-Arab) to form a bank, conscious that the textile industry was in decline.

The economic boom enjoyed by Chilean society was formed by Arab Investment, a financial firm where the individual contribution was U.S. million. Saieh took over as manager.

Two years later, he merged the Bank of Labor, making it the third of the square. In the early 1990s formed subgroups to start new businesses. First was the purchase of AFP Provida, in 1993 - six years later sold to BBVA for U.S. 0 billion, where through participating INECSA Saieh only, the Diaz family, Fernando Aguad the Abumohor and Rishmague Odde.

This operation was later joined Interbanc purchases of Peru and insurance companies Mass and compensates. In 1995 was born on holding Inversiones Financieras SA (Infisa), where Saieh kept 51% of the property.

That year the Bank purchased Infisa Sonami Concepción to U.S. million to merge with Osorno. But they accepted the offer of Banco Santander: nearly 0 million by the Osorno. At that time Juan Gutiérrez left the group. Khamis and later emigrated Kauak.

Consolidated acquired in Venezuela and in Argentina the Buci, who later disposed of. Here AFP acquired the Union and Financial Protection and Condell. In 1997, seeking to give a new image and profile, the Concepción was renamed Infisa Corpbanca and became the holding Corpgroup.

Saieh, Abumohor, Rishmague Díaz Cumsille, Selum and remain in Corpgroup Aguad. The bag placed in holding 24.9% of Corpbanca in November 2002 and exactly one year later topped the 23% that belonged to foreign funds Blackstone Group, JP Morgan Partners and Hicks, Muse, Tate & Furst, in addition to ADR Wall Street, to provide more liquidity to the action. This institution is the fifth of the financial system in loans, with 3.8%.

Also betting on the U.S. market, and its partners Saieh Álvaro Jorge Selum, Fernando and Alberto Aguad Muchnick - through Corpgroup Financial Services, concluded an agreement in November 2002 to buy First Western Bank of Florida, allegedly close in December. The aim is to use that entity - with assets of U.S. million as a platform for Latin America and complement Corpgroup operations, where 51% Saieh handles.

Cumsille Juan Pablo Diaz, president of the prestigious social group, Club Palestino (the Palestinian Club) in Santiago was processing a license to open in 2004 the Banco Progreso. This is a civil engineer and heir of Salomón Domingo Diaz Cautín involved in Real Estate, which leases properties in the center, and Lo Espejo Comercial who sells machinery for construction. But its strength is the leasing and factoring, through Progress Financial Services.

The Abumohor, Álvaro Saieh, Juan Pablo Diaz, Domingo Diaz, Alejandro and Juan Rafael Gutiérrez Kauak formed Cabildo SA in 1997 purchased the Hacienda Rupanco at about U.S. million. The site, about 50 000 hectares, has 30 thousand head of cattle and is one of the leading producers of milk.

The grandfather of the early el Trek Abumohor century, but it was Zacarías - Nicolás's father, Carlos and René, who entered the textile business distributing imported clothing. After a spinning industry, leased, bought and expanded the business to be grouped under the parent American Manufacturing (Maisa).

They are on the peninsula resorts Pucón, Puerto Velero, the Haras de Pirque and Club Balthus. In the real estate and commercial control 10% of Parque Arauco and textiles, Maisa Spinning Mills (licensee of Benetton, Esprit, Nino Mori, Arrow and New Man) Carpet and Wiener.

Munir Khamis, after selling its stake in Corpbanca embarked on the textiles. There is a partner with his cousins in Bromac SA, dedicated to the embroidered linens, children's clothing and home affairs. It also has 25% of Trama, an importer of fabrics for the clothing created in 1985.

An architect by profession, has concentrated on building projects, in Santiago and the Tenth Region, through Pacific Real Estate and Building America.

Kauak owns 10% of the tax Rupanco and livestock is a major employer. With its four fields in the X region it is an agricultural corporation and their dairy division produces about six million liters of milk a year.

This year will begin construction of a shopping center next to the group in Osorno Cordel and plans to return to the financial world, with a bank for SMEs.

Kassis Cecinas owns San Jorge and in 2002 bought Cecinas JK to his brother Juan, which controls about 30% of the domestic market of sausages. Participate in building projects in Peñalolén associated with Sarquis and Marcelo Zalaquett, and Las Condes.

Dr. Jorge Manzur is nicknamed the "First Palestinian of Chile" or personality leader to represent the power and prominence of the Palestinian community, as he's involved in medical science, financial business and national politics.